Starting Simple, Small and with Purpose

Glen speaks with the CU De Novo Collective’s Denise Wymore about the grassroots groundswell of interest in starting new credit unions, overcoming the challenges of progressing from concept to market, and why a voice for CU creation is needed to counter a one-way trend. Also- Fiserv’s stablecoin play, The FTA’s attempt to preserve open banking, and how AI regulation became a budget issue.             
 
Links related to this episode:

• The CU De Novo Collective: https://www.cudenovocollective.org/
  
  
• The University of North Carolina’s student-led credit union initiative: https://www.dailytarheel.com/article/2025/06/university-student-credit-union
  
  
• George Washington University’s initiative: https://gwucui.com
  
  
• America’s Credit Union Museum: https://www.acumuseum.org/ (check the Herstory exhibit)
  
  
• Finovate’s take on Fiserv launching a “bank-friendly stablecoin”: https://finovate.com/fiserv-launches-stablecoin-for-banks/ 
  
  
• The Bank Policy Institute/Fintech Association Open Banking standoff: https://thecudaily.com/fintechs-tell-court-banks-want-to-thwart-open-banking-to-stop-competition/
   

Join us for our next CU Town Hall- Wednesday July 9 at 3pm ET/Noon PT– for a live and lively interactive conversation tackling the major issues facing credit unions today. For this session we’ll be focusing on youth banking and how CUs can appeal to the next generation of members. The CU Town Hall is free to attend, but advance registration is required:  https://www.cutownhall.com/ 

Join us on Bluesky!  @bigfintech.bsky.social;  @154advisors.bsky.social (Glen); @jbfintech.bsky.social (John)

And connect on LinkedIn for insights like the Friday Fintech Five:
https://www.linkedin.com/company/best-innovation-group/
https://www.linkedin.com/in/jbfintech/
https://www.linkedin.com/in/glensarvady/